In its Q1 2020 quarterly results report presentation, Telefonica recorded 753 thousand pay TV accesses via IPTV in Brazil, where it operates under the ‘Vivo’ brand. The figure shows 38 thousand accesses more than the 715 thousand recorded at the end of 2019, and an increase of 136 thousand in relation to the 617 thousand accesses that the company had in Q1 2019. Likewise, in the last report published by Anatel, the Brazilian regulator indicated that Telefonica ended March with 1.28 million pay TV accesses in the country. In addition, Vivo already records 739 thousand FTTH HPs so far this year.

The report also indicates that Pay TV accesses via IPTV recorded by Telefonica increased by 22% between Q1 2019 and the same period 2020. Likewise, the company’s monthly pay TV ARPU went from R $101.8 ( USD 18.6) in Q1 2019, to R$ 108.4 (USD 19.7) in Q1 2020. The company, in turn, recorded a R$ 108.5 (19.8) ARPU at the end of last year. The figures detailed here indicate a 7% increasement between ARPUs showed in Q1 2019 and Q1 2020.

In Brazil, Telefonica recorded fixed revenues valued at R$ 3,754 million (USD 684.9 million) at the end of Q1 2020, 3.6% less than the R $ 3,894 million (USD 710.4 million) done at the end of the same period 2019. In relation to the revenues obtained by the company on its pay TV area, valued at R$ 423 million (USD 77 million), there was also a decrease: in relation to Q1 2019, the figure is 10.3% lower, since, in that period, it amounted to R$ 471 million (USD 86 million). Furthermore, in the last quarter 2019, Telefónica’s pay TV revenue was valued at R$ 439 million (USD 80 million).

Despite the fall, Telefonica Brazil highlighted that its FTTH and IPTV revenues already represent 24% of their fixed income, and both had increases so far this year: the FTTH sector went from having revenues at R$ 437 million (USD 79.7 million) in Q1 2019, to R$ 626 million (USD 114.2 million) in Q1 2020, which represents a 43.3% increase. In Q4 2019, the sector’s revenues were valued at R$ 586 million (USD 107 million). The IPTV sector recorded revenues at R$ 258 million (USD 47 million) at the end of Q1 2020, a figure that means an increase of 29.3% compared to the R$ 199 million (USD 36.3 million) recorded in the same last year’s period. At the end of Q4 2019, the sector’s revenues were valued at R$ 244 million (USD 44.5 million)

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